Zhong Lun Advises YY INC., a NASDAQ-listed company, on its offering of Convertible Senior Notes
Zhong Lun Advises YY INC., a NASDAQ-listed company, on its offering of Convertible Senior Notes
On March 24th, 2014, YY INC. (NASDAQ:YY) (the “Company"), a rich communication social platform, announced the closing of its offering of US$400 million in aggregate principal amount of convertible senior notes due 2019. Citigroup Global Markets Inc., Deutsche Bank Securities Inc. and Morgan Stanley & Co. International PLC acted as the joint lead managers in this issue.
Zhong Lun Law Firm acted as the PRC legal counsel for the joint lead managers in the offerings. The legal team was led by Catherine Guo, a partner based in the Shenzhen office of Zhong Lun, and included associates Robin Zhang and Shirley Wang.